Company Of The Day: Las Vegas Sands
What?
Las Vegas Sands (NYSE:LVS) stock has risen by close to 20% over the last month, outperforming the broader S&P 500 which remains down by about 3% over the same period.
Why?
- With The Stock Flat This Year, Will Q1 Results Drive Las Vegas Sands Stock Higher?
- Down 13% In Last Six Months, Will Macau Recovery Over Q4 Drive Las Vegas Sands Stock?
- Las Vegas Sands Stock Has Remained Flat This Year Despite Macau Recovery. What’s Next?
- Macau Recovery Will Drive Las Vegas Sands Q2 Results
- Singapore Strength And Macau Rebound Drive Las Vegas Sands Q1. What’s Next For The Stock?
- Is Las Vegas Sands Stock A Buy With Macau On Cusp Of Recovery?
Las Vegas Sands has significant exposure to the Macau gaming market, which has been weighed down by Covid-19 restrictions. However, things could recover with Macau set to reopen for tours from mainland China.
So What?
We remain marginally positive on LVS stock with a $47.5 price estimate, which is about 15% ahead of the current market price.
See Our Complete Analysis For Las Vegas Sands
| Returns | Oct 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| LVS Return | 14% | 13% | -20% |
| S&P 500 Return | 6% | -21% | 69% |
| Trefis Multi-Strategy Portfolio | 7% | -21% | 212% |
[1] Month-to-date and year-to-date as of 10/6/2022
[2] Cumulative total returns since the end of 2016
See all Trefis Price Estimates